General Purpose Technologies and Economic Growth: Electricity Diffusion in the Manufacturing Sector Before WWII
AbstractThis paper evaluates the diffusion of electricity within the context of a GPT perspective. The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the US, Britain, France, Germany and Japan and proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT models.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 1048.
Date of creation: 29 Sep 2010
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Web page: http://www.econ.cam.ac.uk/index.htm
Copyright; General Purpose Technologies; Economic Growth; Economic History; Productivity; Long Swings;
Find related papers by JEL classification:
- N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913
- N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
- N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-02 (All new papers)
- NEP-EFF-2010-10-02 (Efficiency & Productivity)
- NEP-ENE-2010-10-02 (Energy Economics)
- NEP-HIS-2010-10-02 (Business, Economic & Financial History)
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